this post was submitted on 03 Aug 2025
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[–] pelespirit@sh.itjust.works 45 points 3 weeks ago (3 children)
[–] sp3ctr4l@lemmy.dbzer0.com 32 points 3 weeks ago* (last edited 3 weeks ago)

Commerical real estate is also imploding.

https://www.biznews.com/sponsored/us-commercial-real-estate-market-imploding-bank-lending

https://brownstone.org/articles/the-meltdown-of-commercial-real-estate/

https://www.unitedstatesrealestateinvestor.com/commercial-collapse-escalates-mall-owners-default-as-retail-tenants-flee-en-masse/

Economy is over, everyone go home lol.

Yeah, oops, turns out, again, our entire economy is... whoah, another real estate bubble, who could have guessed?

Yep, this is the Second Great Depression.

Good luck and godspeed everyone, hope you know how to cook some basic staple goods.

Oh right, I forgot about ~70% of US agro workers fleeing ICE and basically all our crops dying on the vine, oh and also now we have to import food through tariffs.

=D =D =D

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